Commercial Contracts definition

Commercial Contracts commercial agreements entered into by the Borrower on behalf of or for the benefit of its Subsidiaries in respect of the purchase or sale of capital assets or other products or services used in the ordinary course operation of the business of such Subsidiaries and/or the properties of such Subsidiaries, and other agreements entered into by the Borrower in respect of any acquisition of assets by, or Disposition of assets of, any Subsidiary of the Borrower otherwise permitted by this Agreement, provided that, in each case, (a) no such arrangement shall involve the acquisition of real estate, fixtures or franchise agreements, and (b) any such assets so purchased (other than assets described in Section 7.14(b)(ii)(z)) shall promptly following such purchase only be owned by the relevant Subsidiary and not by the Borrower.
Commercial Contracts means (a) commercial contracts or agreements of either Party or any member of its Group with a customer of any such Person (acting in such capacity), including distributor agreements, wholesaler agreements, dealer agreements or group purchasing organization agreements, and (b) supply contracts or agreements of either Party or any member of its Group with end-user customers, in each of clauses (a) and (b) as of immediately prior to the Effective Time.

Examples of Commercial Contracts in a sentence

  • The applicable law shall be General Principles of Law, including the UNIDROIT Principles of International Commercial Contracts 2004, the objectives and the relevant provisions of the Treaty, and, when necessary for interpretation, the decisions of the Governing Body.

  • This Agreement shall be governed by general principles of international law, which shall be deemed to include the UNIDROIT General Principles of International Commercial Contracts (2010).

  • Internationally accepted general principles of law shall be deemed to include the UNIDROIT Principles of International Commercial Contracts.

  • The Need for Commercial Contracts Templates In an increasingly complex and competitive industry, it is vital that suppliers and purchasers are fully protected against legal and commercial risks.

  • This Agreement shall be governed by general principles of international law, which shall be deemed to include the UNIDROIT Principles of International Commercial Contracts (2010).


More Definitions of Commercial Contracts

Commercial Contracts means, the Crude Oil sales agreements between Seller and Buyer to be effective as of October 1, 2020, which shall be in the form of the Final Commercial Contracts and otherwise in form and substance satisfactory to Buyer in its sole discretion, provided (i) that the seller under the Commercial Contracts will be the Seller and the buyer under the Commercial Contracts will be the Buyer and (ii) that each Commercial Contract shall provide that Buyer shall provide Seller with copies of each relevant Final Buyer’s volume and payment statements under the Final Commercial Contracts relating to such Commercial Contract upon receipt.
Commercial Contracts means each Assigned Export Contract and each Assigned Offtake Contract, but excludes a Replaced Commercial Contract.
Commercial Contracts means all agreements of the Companies for the gathering, transportation, purchase, marketing, sale, disposal or other handling of crude oil, condensate or brine.
Commercial Contracts means the commercial contracts to be transferred to the Purchaser or the Purchaser's Affiliates described in Section 3.5.
Commercial Contracts means the contracts listed in Schedule 3;
Commercial Contracts means the SKT Master Software Development, Software License and Services Agreement, the EarthLink Master Software Development, Software License and Services Agreement, the Brand License and Marketing Agreement and the SKT Employee Services Agreement.
Commercial Contracts shall refer to the No. 961JBJGB/000000XX.XX contract executed on August 22, 1996 between China Electric Power Technology Import-Export Company and German Siemens and US Fxxxxxx Wxxxxxx Inc.